Watch & Listen: Top 5 Ways to Use Concur Invoice Reporting to Improve Your Bottom Line (in 15 minutes)
Hear from Senior Invoice Solution Architect, Nancy Jakowski, on how to optimize the use of the Concur Invoice platform by making strategic decisions with the reporting tool. Whether you have Professional or Standard edition, you will learn about the top reports Nancy recommends when using Intelligence powered by Cognos that will help you automate the AP process.
Tip: Expand the video using the arrow button in the bottom right corner!
Prefer to read? Here are our top tips pulled from this video for quick learning:
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Tip #1: Maintain a higher level of control over spend before money is actually spent with the Purchase Orders and Associated Payment Requests report.
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With Intelligence reporting, you can always keep a closer eye on what's going on from a purchasing standpoint. More control = more peace of mind. |
| Not every invoice that needs processing will be simple and clean. With visibility into what roadblocks your company's processors are running into, taking into account exceptions and policies, you'll gain a better understanding of what could be changed to reduce processing times. |
Tip #2: Lower the average number of days it takes to process an invoice by gaining transparency into exceptions with the Summary by Processor report.
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Tip #3: Stay curious with your top vendor spend to spot potential money-saving opportunities.
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The Top Invoice Vendor Spend Summary will show you where the majority of money is going – and to whom. Bring these numbers up with your procurement team to determine opportunity for potential discounts or contracted rates based on your business’ consistent spending and relationships with these suppliers. |
Want to learn more? Tap into the resources below to continue maximizing on your SAP Concur solutions and connect with peers:
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Grab more tips on Concur Invoice and other SAP Concur solutions with our ultimate Tips & Tricks eBook: |
Advance your reporting skills with demo videos and how-to guides on the Reporting Hub: |
Questions? Ask your peers in the Admin User Group and get feedback from folks just like you. |
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